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Verizon trade-in plan hints iPhone 5 unlikely before Sept 30

updated 02:30 pm EDT, Mon August 15, 2011

Verizon to give 100 to new smartphone buyers

A newly uncovered promo from Verizon may have given clues as to the timing of the iPhone 5 on the network. The Basic to Smartphone deal will give a $100 gift card to anyone who trades up from a basic feature phone to a smartphone if they qualify for an upgrade and are willing to sign another two-year contract with a smartphone. Owners have to mail in the original phone in 30 days, Phone Arena said, and will get the card within three weeks.

All smartphones appear to be covered by the deal and should include iPhones along with Android, BlackBerry, and Windows Phone.

The promo is so fare due to run in at least Verizon's Western area between August 18 and September 30, conveniently ending shortly before a widely rumored October iPhone 5 release. Carriers seldom run large discounts when a major smartphone is on the market as they know the new device will sell well and don't want to damage profits. iPhone buyers tend to upgrade more aggressively and wouldn't recoup any sales pricing as quickly as they would otherwise.

The promo also suggests Verizon doesn't have the same sales expectations for other phones launching at or near the same time, such as the Motorola Droid Bionic and even an LTE-equipped Samsung Galaxy S II. Verizon is still considered the premier Android carrier in the US but saw the iPhone immediately become its top-selling phone in February, reducing the incentive to support Android.



By Electronista Staff
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Comments

  1. charlituna

    Fresh-Faced Recruit

    Joined: Sep 2009

    -1

    more like the other way

    THe iphone 5 would be one of the major ways they would get folks to grab this deal, because they suspect that a major reason for poor iphone 4 sales was everyone being so sure that the iphone 5 would be on Verizon at launch and it would be in June etc.

    if anything that this gig ends on Sept 30 is proof that the iphone 5 will be out before then, which is in keeping with the rumors that Apple wants it out by the end of Q3 (on Sept 24th) not that it will happen after that.

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